Risk Management
Blog: Cyber future will come down to communication
With the nature of cyber attacks constantly changing Madeleine Shanks, associate partner at Clyde & Co, explains that dialogue between customers and their insurers has never been more important to ensure that cover is proportionate.
Q&A: Paul Mang, Guidewire
Aon's former CEO of analytics, Paul Mang has been tasked with bringing together Guidewire's Analytics and Data Services division. Mang spoke to Post about cyber risk, data, and lifted the lid on Guidewire's $275m purchase, data tool Cyence.
Zurich's Hayley Robinson on relationship building in the age of digitalisation
As we all live and work in an increasingly digital world, technology seems to be able to provide solutions for many challenges insurers face. And that is why, more than ever before, insurers need to work on those human relationships with customers,…
CBL hearing delayed again pending last-minute rescue plan
A hearing over the future of beleaguered insurer CBL has been postponed again in order for creditors to explore a rescue plan.
Penny Black's Social World: February 2019
Walking for wells, real world cyber attacks and Grandads of the Atlantic
Premier League football clubs turn to insurance as injuries and salaries surge
As top-flight salaries spiral ever upwards, Premier League football clubs are increasingly looking to insurance to lessen the blow of paying players unable to play or train through injury.
Analysis: Why are insurers hiring in-house loss adjusters?
Insurers are increasingly hiring teams of loss adjusters to handle claims in-house, rather than outsourcing to a third-party firm. Post looks at this trend and whether it represents part of an established cycle
Blog: Is Egan replacing Lewis at RSA a sign insurance lacks recruitment pull?
Jonathan Swift asks whether RSA promoting Scott Egan is a sign of the insurance industry's lack of appeal to external candidates; a sign of lack of big name insurance draws in the market; an indication of its risk aversion; or a combination of any of the…
RSA partners with insurtech on government-backed machine learning project
RSA is among the partner organisations working on a new government-funded two-year research programme into the application of machine learning and data analytics for risk modelling.
Editor's comment: Ending the dark days
I usually love the month of January. My birthday falls in this month as well as several other family birthdays and, while others are facing a dry January, I usually manage to have a good celebration.
Beazley creates cyber and executive risk division
Beazley has created a cyber and executive risks division, which will manage over a quarter of the its premium revenue.
Revenue up at Aon as net income dips
Aon saw revenue increase by 8% in 2018, while its net income dropped by 7%.
Gallagher sets sights on further ‘tuck-in’ acquisitions as growth continues
Gallagher saw total revenue growth of 10.8% in 2018 across brokerage and risk management, with 5.8% of this coming from organic growth.
Extra FSCS bill the ‘last thing that brokers need’: Biba
The British Insurance Brokers’ Association has hit out over an extra Financial Services Compensation Scheme bill that firms will have to pay in February.
Roundtable: Modernisation in the London market
Post, in association with WNS, held a roundtable with London market leaders, to discuss whether Lloyd’s modernisation is gaining momentum, and what the state of play is for the technology drive
I work in insurance: Simon Norton, risk consultant, Aviva
In order to carry out his risk consultant role at Aviva Simon Norton has had to gain a license to fly drones.
British Insurance Awards: Young blood - Young Achiever Winners then and now
To celebrate the 25 years of the British Insurance Awards. Post caught up with a host of winners of the Young Achiever of the Year Award
This week in Post: No done deal
Post journalists and broking stalwarts found themselves in the Houses of Parliament this week, on the day that Prime Minister Theresa May’s Brexit deal suffered an historic defeat.
Blog: Are manufacturers recall ready?
With Brexit looming, manufacturers are facing the logistics of getting products to countries in the European Economic area and back. Natasha Catchpole, practice leader for crisis management and product recall at CFC Underwriting, explains how brokers can…
Insurers issue no-deal Brexit warning over Green Cards
Motorists from Northern Ireland will have to secure a Green Card from their insurer if they wish to cross the border into Ireland, if there is a no-deal Brexit.
Insurers to implement no-deal plans following Brexit vote
Insurers may be forced to implement their no-deal contingency plans due to political uncertainty arising from yesterday’s Commons vote.
Blog: Model behaviour for insurance risk prediction - destroying the myth of the magic funnel
In a highly competitive market, it is important that insurers maximise their data models to create more intelligible insights. Only then, argues Alan O’Loughlin of Lexis Nexis Risk Solutions, will they gain a strategic advantage over competitors
Hiscox stages 'cyber attack' on bike shop
Hiscox recently joined forces with Brompton Bicycle to stage a brick-and-mortar simulation of common hacking practices such as phishing and ransomware to demonstrate the risk of cyber attacks to small businesses.
Month in Post: Do insurers dream of Brexit?
We may not have flying cars, humanoid robots and exaggerated shoulder pads, but there is every reason to believe that the 2019 predicted by 80s film Blade Runner, looks very slightly dystopian.